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Considering buying a share



 
 
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  #11  
Old February 2nd 05, 04:45 PM
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Jay Honeck wrote:

The lead guy in the partnership instructs in the plane as well


That would kill it for me right there. (a) Your insurance company is

NOT
going to smile on any plane being used as a trainer, and (b) do you

really
want to own a plane that's doing "smash and goes" all day long?


That's what I was thinking as well. Providing instruction in the
plane tends to double or triple the cost of insurance. Is the "lead
guy" making up the difference? Is he instructing under the standard
business/personal policy without telling the insurance company? If
it's the former, then my only concern would be the type of instruction
(i.e. IFR dual instruction only might work). If it's the latter, I'd
drop the deal like a hot potato.

John Galban=====N4BQ (PA28-180)

 




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